GOOGL Demand Swing TradeGOOGL seeing support at it's daily demand zone from where price broke it's previous swing highs. Entry: If we continue seeing $130 hold, could be a good entry for minimal risk and a good R:R. Stop Loss: $129 Profit Target: $136 (below daily supply)Longby AmpedTrading0
Alphabet Inc: A Deep Dive into the Pros and Cons of Investing...Alphabet Inc: A Deep Dive into the Pros and Cons of Investing in the Tech Giant Alphabet Inc., the tech behemoth that's likely woven into your daily life through its various products and services, has quietly become a ubiquitous presence. While Alphabet has consistently delivered solid returns to investors, it's currently trading 8% below its all-time high. This begs the question: Is this dip an opportunity to acquire shares of one of the world's best businesses at a slight discount from its peak price? Let's explore both the bullish and bearish arguments for this leading tech stock. The Bearish Arguments 1. Competition from AI Chatbots: One immediate concern revolves around the growing popularity of OpenAI's ChatGPT, an AI-powered chatbot integrated into Microsoft Bing's search engine. Some bearish viewpoints suggest that this could pose a threat to Google Search, which has historically dominated the market. If Bing and similar AI-powered platforms gain traction, Google's search dominance could wane. 2. Regulatory Scrutiny: Like many tech giants, Alphabet finds itself in the crosshairs of regulators, both in the United States and abroad. The company has faced substantial fines in the past and is currently under scrutiny by the Department of Justice over Google Search's alleged monopolistic position. Regulatory risks persistently hover over Alphabet, causing concern among investors. 3. Digital Advertising Slowdown: Another immediate challenge is the significant slowdown in the digital advertising market. After posting robust revenue growth in previous years, Alphabet's sales increased by less than 10% in 2022 and only 5% in the first half of 2023. This exposes Alphabet's business to the cyclicality of the industry, as ad spending is easily cut back during economic downturns. The Bullish Arguments 1. Incredible Dominance and Success: The fact that Alphabet faces regulatory threats underscores the incredible dominance this company has achieved, arguably making it one of the most remarkable businesses in history. According to CEO Sundar Pichai, Alphabet boasts "fifteen products that each serve half a billion people and six that serve over two billion each." These staggering statistics showcase the extent of Alphabet's reach. 2. Financial Strength: From a financial perspective, Alphabet's performance is remarkable. In the last quarter (Q2 2023), the company achieved an outstanding operating margin of 29% and generated a whopping $22 billion in free cash flow. Its balance sheet is exceptionally strong, with $118 billion in cash, cash equivalents, and marketable securities, compared to just $14 billion in long-term debt. 3. Economic Moat and Network Effects: Alphabet's wide economic moat assures investors of its enduring dominance. Network effects form the foundation of its operations, with Google Search playing a pivotal role in organizing the ever-expanding pool of internet information. Greater usage attracts more advertising dollars, enhancing the company's scale and power. 4. Data Advantage and AI Leadership: Alphabet possesses a significant data advantage that will only strengthen over time. This data empowers the company to refine targeted ads, enhance its products, and continually innovate. Alphabet is also well-positioned to be a leader in the AI landscape. AI technology is already integral to its services like Gmail, Maps, and YouTube, making it an "AI-first" enterprise poised for future growth. Conclusion Investing in Alphabet Inc. offers a blend of opportunities and challenges. While regulatory concerns and market fluctuations are immediate considerations, the company's remarkable dominance, financial strength, data advantage, and leadership in AI present compelling reasons to consider it as a long-term investment. As with any investment, conducting thorough research and weighing the pros and cons is crucial before making a decision in the ever-evolving tech landscape.Longby FOREXN17711
GOOG Entry, Volume, Target, StopEntry: with price above 133.74 Volume: with volume greater than 36.6M Target: 142.95 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 133.75, 129.15 gets you 2/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader. Longby tradepatientlyUpdated 1
GOOG Entry, Volume, Target, StopEntry: with price above 134.08 Volume: with volume greater than 27M Target: 143.16 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 134.08, 131.40 gets you 2/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader. Longby tradepatientlyUpdated 5
Is this the end of the Google stock downtrend ?Hello ladies and gentleman ,According to my analysis of GOOGLE stock , I traced 2 strong level which was the point of the stock bullish run as you see in the chart ,But for the moment we don't have a clear confirmation for a trend reversal .So ,in the coming days we may see some changes that can affect this stock , There is a big bearish volume . we can rely on the divergence in Rsi , we have to give big place for fundamentals now ,a lot of changes are happening ,that's what I THINK we must focus on to get a better results I hope you appreciate my analysis ,If you have any suggestions ,please write it below to discuss it.by YassirELUpdated 2
Alphabet (GOOGL) -> Following The NasdaqMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Alphabet. Just 9 months ago Alphabet stock perfectly retested major previous resistance which was turned support and in confluence with a retest of the 0.618 fib level we saw a rally of 60%. Considering that Alphabet is now retesting the channel resistance it is quite likely that we will see a short term drop before I do expect new all time highs on Google stock. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡Shortby basictradingtv262637
GOOGLE GOOGL - The ending diagonal formation on the stock signals a pause in the upward move. With a downward break of the structure, we are likely to see bearish pressure here. Shortby sKeshav1
GOOGL : Sell ideaSell idea on GOOGL as you see on the chart because we have the breakout with force the vwap indicator by a big red candle with a large red volume.Thanks.Shortby PAZINI191
GOOG's Last Gasp Before SinkingGOOG's situation looks very precarious. May go down to 100. Huge bearish bat pattern on GOOG. Rising Wedge too narrow at the top. Two gaps below waiting to be filled. Shortby RS3175Updated 5
Google BUY - TP 183Google has broken the retracement trendline and expected to hit higher levels. The Stock will hit the levels of 183 before reversing. We might even see 200 levels. Longby Investing_Trading5513
GOOGLE, Massive FLAG-FORMATION Completed, Targets Activated!Hello There! Welcome to my new analysis of GOOGLE. There are important developments going on within the whole stock market as the volatility increased within the recent quarter the market momentum is likely to reach major extinctions throughout the next months in 2023. What is important here is that traders do not get trapped in just trading the whole market in the same direction because this can be highly fatal as there are many different setups within the market, bullish as well as bearish. Therefore, it is of utmost overwhelmingly high importance to choose the setups with a bullish potential for the long side and the setups with a bearish potential for the short side to move forward with the total-return approach which I already pointed out in previous publications. With GOOGLE I have spotted interesting underlying dynamics that point to a major bullish scenario perspective and a main approach on the bullish side. When looking at my chart GOOGLE recently completed this major ascending bull-flag formation with the breakout above the upper boundary which it is now forming the next continuation formation that is approving the full completion of this major formation. The price action towards the uptrend direction is backed by the 65-EMA, the 35-EMA, and the major uptrend channel. Also, the price action already moved on with emerging with the paramount wave count with the major wave C now developing to move into the upper spheres of this whole chart price action. With the completion of the major bull flag formation, the price action has activated the first main target zone within the 146.25 level as it is marked in my chart. Once this zone has been reached it will be highly important to determine with which volume the price action reached the zone, if it is steadily increasing higher also there is an important potential for the wave C extension to emerge with a breakout above the initial target zone. When this happens and GOOGLE has the ability to emerge with the wave C extension this is going to activate the next target zone as marked in my chart within the 157.05 level. The next times will be highly decisive here. Remember, that not every stock within the market is showing such bullishness, therefore it is necessary to measure the main underlying dynamics as I am doing it within my analysis. In this manner, thank you everybody for watching my analysis of GOOGLE. Support from your side is greatly appreciated. VPby VincePrinceUpdated 7727
Google Negative diverencesSeeing negative divergences showing up on RSI, MacD and the Stochastic. Tech is generally extended and needs to cool off a little bit. Looking for a short opportunity with stop at 143 area, a prior high.Shortby SoVeryLost0
GOOG goes on breakout after cluster support bounce 😍NASDAQ:GOOG #goog took a long position before ER yesterday 🔥 boost and follow for more ♥ basically yesterday I was looking at MSFT-SNAP-GOOG for some earnings lotto play out of those 3 GOOG was my favorite, so I entered long before the ER report after hours the downtrend break late 2022, followed by trend support that held all 2023 is lovely.. perfect bounce from 100 SMA/trend support right before earnings was very nice setup as well. I am securing some gains today and targeting 138-145 on the rest 🎯Longby Vibranium_CapitalUpdated 18
GOOGL: Buy ideaBuy idea on GOOGL as you see on the cahrt after the breakout with force the resistance line by a big green candle with alarge green volume.Thanks.Longby PAZINI191
5 Tips For Selling Options ProfitablyHey guys! In this post, we'll detail 5 key tips to keep in mind while selling options that can massively improve trading results over the long term. Let's jump in. Selling options has become a more popular strategy lately, due to the fact that traders can control, to some degree, their win rates and R:R setups. If you've followed us for any length of time, you know we're big fans of selling puts. This is because there are only a few things that most traders and investors care about when they get involved in the markets: - Returns - Volatility - Difficulty - Repeatability Selling puts is a great blend of all four. However, shorting put options to outperform the market is simple, but it's not easy. Here are 5 key tips to improve your option selling skills: -------------- 1.) Make sure the underlying stocks are high quality. ✅ Selling put options is no different than building a portfolio of stocks. There's a chance one could be assigned, and it's key that you're ok sitting in a position for a while as it chops around. Let the edge work. 2.) Avoid selling puts when the VIX is low. 💥 Low 'fear' in the market = cheap insurance. Low premiums = bad things happening when stuff goes wrong. 3.) Look for stocks that have sold off. 📉 Oversold stocks (that are high quality) are perfect candidates for selling puts. Unless they are in a brutal downtrend, the recent selloff means there's more fear, which means higher premiums. It also means a better entry price. 4.) Set a minimum return requirement. 💸 If the puts you're selling don't yield more than the S&P 500 does annually, then why bother? Make sure that the annualized yield of the puts you're selling total more than 7-8%, and ideally more than 12%. Compounding is the goal. 5.) Don't use leverage. ❌ Using leverage is a quick way to the poor house if something goes wrong. It's much better to build a portfolio of positions in cash where no position takes up more than ~3% of exposure. It can be "expensive" to start, but it's worth it. -------------- There you have it - 5 key tips for selling options. We hope you enjoyed! Want to get started with more high-probability trade ideas? Follow us below. ⬇️⬇️Educationby PropNotes6640
New bullish movement can be signaled.The 134.07 break suggests further bullish movement from the secondary trend. Proportional resistances can appear around 142 and 144. Attention, if the breakout of 128.04 happens before, this idea is no longer valid.Longby LuccasChartRoomUpdated 3
Alphabet, buy opportunity Uptrend GOOG is inside an uptrend and after passing of 134, pullback back has been ended and there are two good bullish candle as a trigger for buying. I suppose 131 or 126 can be good places for setting SL.Longby pardis119
GOOGL, Moving In Steady Trend, Potential To Continue Further!Hello Traders Investors And Community And welcome to this analysis where we will look at recent events, the current price-structure and what we can expect the next time from GOOGL. As we saw the major lows this year after the corona-crisis-breakdown we had a price-recovery in GOOGL to the point at which we are now. Regarding the digitalization boom, we currently experiencing worldwide we can come to the conclusion that GOOGL is the major data-kraken in the world collecting data from users worldwide and therefore a leading organizational pillar in the new artificial intelligence technology which relies on big data to function and counter possibilities this is giving GOOGL fundamental ground to sustain further even in the current crisis and the high digitalized technological world we live in. On the technical side, I found some interesting signs which can determine the further outcome of GOOGL and lead to some decent opportunities therefore we are looking at the 4-hour locals timeframe. As you can see in my chart GOOGL is moving in a steady trend within this rising-channel that is marked in blue within my chart, currently it is approaching a huge gap which will be closed at the 1480 level that you can see marked in green and black in the chart. As you can examine also GOOGL confirmed above the EMA-structure we have here and is a leading part of the uptrend in which it is trading, therefore when we break it to the downside this will cause bearish pressure as this signal validated already positively in the past of GOOGls history. As for now there are two possible options for the stock to continue further, once it is that we get a bullish move as soon as we will the gap which can be possible after such gap and the second will be that we confirm the 1480 level after the gap filled as resistance, both scenarios are tradable and after the proper scenario has confirmed rightly we can enter the market. Now counting everything together we have a higher potential to continue bullish as there are important support levels in the range and we are moving within a steady uptrend that bullish scenario will be fulfilled when the stock confirms above the 1480 level and continues to rise, after that level we will approach the current all-time-high level which will be a huge test for the stock. When considering the bearish side which isn't more likely at the moment it is possible that the stock falls below the lower boundary of the channel which will cause bearish pressure to the downside when we close also below the EMA structure in the chart a new downtrend and therefore logical reversal has been formed the next important support, in this case, will be at the 1310 level, either case can be traded rightly after the confirmation has emerged. Comparing the stock within the real-economy we have definitely a fundamental growth potential because there is an increase in digitalization as more and more people rely on online-infrastructure in the current crisis in which the stock plays a big role, this trend can go further when we do not get any important signs which will invalidate this growth. What we need to keep in mind is that this can possibly change as we get second lockdown restrictions in many countries and therefore a second corona-fear on the market which will hit the global economy similar to the first phase with all majors stocks and indices going down as this can be just a whole bull-trap, in this case, we need to look forward to be prepared when this happens and just don't rush into trades or buy anything because there are still rumors according in the corona-crisis which can hit the markets. In this manner, thank you for watching, support for more market insight have a great day and all the best! Information provided is only educational and should not be used to take action in the markets. by VincePrinceUpdated 3353
Googl Correction incoming.. Rising wedge here. Looking for a correction back to 127 in the coming weeks, after that, a dead cat bounce to retest wedge follow by the real move down to 113-116 . Should Look something like this Shortby ContraryTrader338
RSI Divergence/Rising WedgePrice was trying to form a cup but a bearish rising wedge has formed. The bottom line has not been broken so this wedge is not valid. Previous support levels can catch a rising wedge if the bottom line is broken. But eventually it will be broken No recommendation. The party may end soon so grab your designated driver (o:by lauralea4
part 2 QQQ SPY & 7 Mega Cap Tech Stocks ForecastSupport and resistance guide QQQ SPY & 7 Mega Cap Tech Stocks ForecastLong08:48by ArcadiaTrading1
Google Long IDEAI can see a new ATH for this stocks , my top down analysis shows that we should break the high Longby M7_00Updated 2